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Oct 9, 2013
10/13
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to pass a short term debt ceiling -- raising the debt ceiling for a short term. and along with that having a promise to negotiate during that time something that will deal with the debt and the deficit as john boehner has been demanding in every press conference that he's been in over the past week or so. whether or not that could be the ultimate solution, we're not sure. but this senior house republican source said that watching the president, watching the white house just over the past two days signal that could be something that they would be open to is welcome here among house republicans. so at a day, erin, where we have seen a lot of digging in on both sides, this might be a potential window, or at least a temporary solution. >> temporary solution. maybe i've just become so jaded on this whole issue. we're looking at this on a couple weeks. >> so a pathetic showdown with thor and the president going to microphones to lecture each other. they shared one thing in common. i know i'm being jaded but it was the theme of hostage negotiations. president obama was
to pass a short term debt ceiling -- raising the debt ceiling for a short term. and along with that having a promise to negotiate during that time something that will deal with the debt and the deficit as john boehner has been demanding in every press conference that he's been in over the past week or so. whether or not that could be the ultimate solution, we're not sure. but this senior house republican source said that watching the president, watching the white house just over the past two...
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Jan 19, 2013
01/13
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the upcoming debt, certainly, the debt ceiling set the tone, really, for what to expect, we think, for the next four years. the battle over that, already. do you see that as the case? >> well, it's certainly going to be a big challenge, both for the president and for republicans. you're already hearing from republicans that came out of their retreat yesterday, essentially walking back, that they were going to use this debt ceiling pretty much to -- you know, as the democrats like to say, to take the economy hostage, to demand spending cuts. they have backed off of that, looking at some plan to raise the debt ceiling at least for the next three months, to give some time for those talks to happen. and there is a big challenge in coming together, because the president still really feels like absolutely, the debt needs to be focus on, it's a huge issue, big priority, but it needs to be done in a balanced way so that all the spending cuts are not focused on programs for those who are most vulnerable. so we'll see. >> so ana, do you think that the debt ceiling will set the tone between the p
the upcoming debt, certainly, the debt ceiling set the tone, really, for what to expect, we think, for the next four years. the battle over that, already. do you see that as the case? >> well, it's certainly going to be a big challenge, both for the president and for republicans. you're already hearing from republicans that came out of their retreat yesterday, essentially walking back, that they were going to use this debt ceiling pretty much to -- you know, as the democrats like to say,...
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Oct 1, 2013
10/13
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debt ceiling. this is something that a senate majority leader harry reid already said. it will be rejected :30 tomorrow morning. he said it was some jerry rigged plan and didn't understand exactly what it was. it's not regular order. there was once a conference in 2007 or something on a cr. a cr is just a set bill where he's going to continue to spend the same amount of money you've been spending. . it's not actually new legislation, new policy. so this is a way to buy more time. and at this point, members john boehner admitted he's not just willing to pass a cr and walk away. this is a face-saving measure. >> senator cornish from texas. >> speaker, instead of allowing all 435 members in the house of representatives to vote to keep the government open for business, he's once again pushing for a government shutdown. i think this is what they want. >> this again tells me that the president and harry reid want a government shutdown. they think they come out of this as a winner. >> so charles, you're s
debt ceiling. this is something that a senate majority leader harry reid already said. it will be rejected :30 tomorrow morning. he said it was some jerry rigged plan and didn't understand exactly what it was. it's not regular order. there was once a conference in 2007 or something on a cr. a cr is just a set bill where he's going to continue to spend the same amount of money you've been spending. . it's not actually new legislation, new policy. so this is a way to buy more time. and at this...
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Jan 14, 2013
01/13
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regarding the debt ceiling. is that something that republicans are willing to do here, or it must be linked? the two have to go hand in hand? >> reporter: they are insisting, and when i say they, i'm talking about house republicans and the senate republican leader, but they have to go hand in hand. this is something that we heard over and over and over again when we had this debate the last time, back in the summer of 2011. andion that ve ioion you know t suzanne. but the house speaker and his aides are telling us that they really mean it this time. that there has to be a dollar of spending cuts for every dollar that the u.s. agrees to raise the debt limit. and that they would even go for a two or three-month extension as they try to work on a more global discussion of cutting spending. but even if there's an extension, it has to go point by point. the other thing i want to mention, suzanne, which i thought was really interesting, after covering the white house under george bush, that last question about the fac
regarding the debt ceiling. is that something that republicans are willing to do here, or it must be linked? the two have to go hand in hand? >> reporter: they are insisting, and when i say they, i'm talking about house republicans and the senate republican leader, but they have to go hand in hand. this is something that we heard over and over and over again when we had this debate the last time, back in the summer of 2011. andion that ve ioion you know t suzanne. but the house speaker...
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Jan 2, 2013
01/13
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we're going to have the debt ceiling. we're going to have the continuing resolutions. this is what our future looks like, because the issue before us is about debt and spending. it is about the explosion in the cost of the entitlements. this is our reality and you've just seen in what just happened tonight how hard it is to have that conversation. >> that's the problem. i don't think there's all that much disagreement among thinking people that this is a real problem. how our budget goes and how the deficits grow. that's a real, real problem. what is remarkable to people as we watched it, is the dysfunction with which people whom we elect to arrive at these compromises and to negotiate seem to have been unwilling to negotiate. >> think about what you've seen the last couple weeks. beat on the conservatives, they're being hard-nosed, demanding too much spending. here we are, the evening of the vote. how much spending change is in the bill? it goes up. if i had come to you three weeks ago and said the final vote will be raising spending, you would have thought i was a lu
we're going to have the debt ceiling. we're going to have the continuing resolutions. this is what our future looks like, because the issue before us is about debt and spending. it is about the explosion in the cost of the entitlements. this is our reality and you've just seen in what just happened tonight how hard it is to have that conversation. >> that's the problem. i don't think there's all that much disagreement among thinking people that this is a real problem. how our budget goes...
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Jan 15, 2013
01/13
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first, raise the debt ceiling, allowing america to pay for its bills that it already racked up. then come up with a longer term plan that could put us back in fiscal good health. america's ability to meet its obligations should not be held hostage to an agreement on spending cuts. >>> retail sales went up by half a percentage in december. cars saw the biggest gain, jumping 1.8% at dealerships. other stores that see sales go up during the holiday season, like clothing and electronics, barely saw gains. while sales are expected to increase in 2013, it is slow going for now. for one thing, americans are getting a little less in their paycheck, now that the payroll tax holiday has ended. and a little less money means a little less shopping for now. >>> dude, did you hear about dell? shares of the computermaker jumped 15% in the last two days after a bloomberg report said that it is in buyout talks with a couple of private equity firms. the company founded in ceo michael dell's dorm room in texas in the '80s has been struggling lately as pc sales drop off. going private would allow d
first, raise the debt ceiling, allowing america to pay for its bills that it already racked up. then come up with a longer term plan that could put us back in fiscal good health. america's ability to meet its obligations should not be held hostage to an agreement on spending cuts. >>> retail sales went up by half a percentage in december. cars saw the biggest gain, jumping 1.8% at dealerships. other stores that see sales go up during the holiday season, like clothing and electronics,...
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Jan 2, 2013
01/13
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one time and debt ceiling? is there a grand bargain still to be had? >> there needs to be a focus on cutting spending. you're absolutely right when you talk about the secretary of treasury having some ability to move that debt ceiling final deadline debate this way or that way. bottom line, the president talked about the debt ceiling, said he's not going to argue with congress again over bills they've racked up, let me remind the president and viewers, those are bills related to his so-called stimulus package which spent a lot of money and i believe has been a failure and his health care law. i will tell you as a doctor it is unworkable and continues to be very unpopular and unaffordable. these are the president's bills. it's a nancy pelosi congress that forced these things through. >> walk us through the dance that's going to happen here. who's got the leverage and what's going on inside your party. paul ryan and boehner voted yes for this and cantor and others voted no. how will all this come together? >> the
one time and debt ceiling? is there a grand bargain still to be had? >> there needs to be a focus on cutting spending. you're absolutely right when you talk about the secretary of treasury having some ability to move that debt ceiling final deadline debate this way or that way. bottom line, the president talked about the debt ceiling, said he's not going to argue with congress again over bills they've racked up, let me remind the president and viewers, those are bills related to his...
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Sep 27, 2013
09/13
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that's ridiculous. >> president obama said he won't negotiate on cuts for the debt ceiling. speaker boehner said he wants the structural changes, some changes. what happens with the debt court of appeal ing? the 17th of -- >> i don't have a crystal ball but it's ironic that the president won't discuss anything to do with the debt or any sort of linking the debt limit to another conversation. the debt limit is a warning. what he 's saying is if we don't give him the authority to borrow more money we can't fund the government. this government cannot operate without boar uh rowing money. that alone is an indictment of the situation. the president says i won't change that trajectory. it's a ridiculous position. >> do you think it is his philosophy and passion, ideology or do you think they are political ambitions. >> the base of the party doesn't believe debt is a problem. they are wedded to the idea of government spending more than a debt crisis. they believe big government solves problems and economic growth and prosperity is the result of big government. they believe our econ
that's ridiculous. >> president obama said he won't negotiate on cuts for the debt ceiling. speaker boehner said he wants the structural changes, some changes. what happens with the debt court of appeal ing? the 17th of -- >> i don't have a crystal ball but it's ironic that the president won't discuss anything to do with the debt or any sort of linking the debt limit to another conversation. the debt limit is a warning. what he 's saying is if we don't give him the authority to...
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Jan 5, 2013
01/13
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the president's going to have to raise it, and the debt ceiling is not the problem. the problem is the debt and the spending that's driving the debt. and so the number one thing is to avoid, "a," the notion that speaker boehner can trot down to the white house and somehow we can solve the nation's problems or, "b," that we want do this at the 11th hour at all. instead we want our congress and our president to do their job. and i for one believe that in moments like this, presidential leadership is an imperative. but the president doesn't want to put a plan out, and he's shown no appetite for taking on this problem. then the house should pass something, and the senate needs to act. all right, robert. >> they have not had the senate pass anything in years. >> robert, shouldn't the president be the one that comes out with a plan and says this, look, i'm so sick of this petty, stupid, sandbox unpleasantness rather than the word i would prefer to use there, i'm sick of it, and so i'm going to put out, here's my plan. >> yes. erin, the president has put out a plan. hi put
the president's going to have to raise it, and the debt ceiling is not the problem. the problem is the debt and the spending that's driving the debt. and so the number one thing is to avoid, "a," the notion that speaker boehner can trot down to the white house and somehow we can solve the nation's problems or, "b," that we want do this at the 11th hour at all. instead we want our congress and our president to do their job. and i for one believe that in moments like this,...
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Jan 19, 2013
01/13
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>> they seemed to welcome the idea, the republicans sound willing to extend the debt ceiling. a spokesman for majority leader harry reid says if the house can pass a clean debt ceiling increase to avoid default and allow the white house to to meet its existing obligations we will be happy to consider it. they don't want the drama. >> debt ceiling in a manner that causes no concern to the economy and to global markets, that does not in any way suggest that washington is about to, you know, engage in another process that results in a self-inflicted wound to the economy. >> this afternoon, carney calls on congress to pass an extension of the borrowing limit without delay. bill? >> bill: get ready for another battle. thanks, mike. mike immanuel from washington tonight. top story as we go around the world tonight in 80 seconds. >> china, had happened after a cargo ship ran aground on some rocks and sprang a leak. the crew reportedly trapped for seven hours in stiff winds and wonderful waives. the helicopter team pulled all four people on board to safety in just 35 minutes. germany.
>> they seemed to welcome the idea, the republicans sound willing to extend the debt ceiling. a spokesman for majority leader harry reid says if the house can pass a clean debt ceiling increase to avoid default and allow the white house to to meet its existing obligations we will be happy to consider it. they don't want the drama. >> debt ceiling in a manner that causes no concern to the economy and to global markets, that does not in any way suggest that washington is about to, you...
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Oct 9, 2013
10/13
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eight days away from hitting the debt ceiling. the treasury department warned credit markets could freeze. the dollar could plummet. interest rates will skyrocket. and we could see, quote, a recession that could echo the events of 2008 or worse. but senator toomey doesn't buy it. here he is this morning. >> there's zero chance that the u.s. government is going to default even its debt. it's unfortunate that people have conflated this idea of not raising the debt ceiling immediately on october 17th with somehow defaulting on our debt. i haven't heard any of my republican colleagues suggest that it might be okay to default on our debt. >> oh, yeah. no republican is saying it's okay to default except congressman yoho. he said it would bring stability to the world markets. oh, and then there's this star team of debt deniers. >> the debt ceiling has never not been raised. so there is no debt ceiling. >> i don't think the credit of the united states is going to be collapsed. i think all this talk about a default is a lot of false demago
eight days away from hitting the debt ceiling. the treasury department warned credit markets could freeze. the dollar could plummet. interest rates will skyrocket. and we could see, quote, a recession that could echo the events of 2008 or worse. but senator toomey doesn't buy it. here he is this morning. >> there's zero chance that the u.s. government is going to default even its debt. it's unfortunate that people have conflated this idea of not raising the debt ceiling immediately on...
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Jan 15, 2013
01/13
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raise the debt ceiling or risk a u.s. downgrade. >> markets are in a holding pattern until the debt ceiling fight is over and the backdrop for the fitch warning is quite different this time around, and pete will explain why in just a moment. just said to you during the break. a heck of a holding pattern if that's what the market is in. plenty of sectors hitting new highs right now. no question about it. this is the year that we springboard up now. not just to climb the wall of worry. get through the debt ceiling debate, continuing resolution. it's going to be bumpy. we'll take full advantage of a market falldown during that period because you've got three main things going for you. housing turning for real, not just an inventory real liquiification and foreclosures. all that have stuff turning for real. it will turn into unemployment back half of the year. a little better transparency on fiscal policy. not necessarily the fix but the transparency. business cap "x" second half of the year and every single central bank in t
raise the debt ceiling or risk a u.s. downgrade. >> markets are in a holding pattern until the debt ceiling fight is over and the backdrop for the fitch warning is quite different this time around, and pete will explain why in just a moment. just said to you during the break. a heck of a holding pattern if that's what the market is in. plenty of sectors hitting new highs right now. no question about it. this is the year that we springboard up now. not just to climb the wall of worry. get...
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Oct 6, 2013
10/13
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with that bigger danger over the debt ceiling now nearing. >> he continues to refuse to negotiate, the country is going to default. >> that's the path we're on. i do not want the united states to default on its debt. but i am not going to raise the debt limit without a serious conversation about dealing with the problems that are driving the debt up. >> speaker boehner this morning with george. washington watching closely, also tonight. the situation in afghanistan. after word today that four u.s. servicemen were killed in a suicide vest attack in the southern part of that country. it was the worst loss of life by coalition forces since june. >>> back in this country now and tonight to oklahoma, where a zoo worker is recovering after nearly losing her arm in a brutal tiger attack. it happened in a zoo south of oklahoma city. a spokesperson says the tiger bit the woman's hand and pulled her arm into the cage through a four-inch hole. doctors managing to save her arm. the zoo says she violated safety protocols. the tiger, for now, has been quarantined. >>> and in las vegas tonight, a stu
with that bigger danger over the debt ceiling now nearing. >> he continues to refuse to negotiate, the country is going to default. >> that's the path we're on. i do not want the united states to default on its debt. but i am not going to raise the debt limit without a serious conversation about dealing with the problems that are driving the debt up. >> speaker boehner this morning with george. washington watching closely, also tonight. the situation in afghanistan. after word...
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Sep 25, 2013
09/13
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on the debt ceiling, he's the president of the united states, he can't allow a debt ceiling and he certainly can't allow a debt ceiling increase to not take place because he's fighting to protect members of congress from implementing -- from the implementation of his own law that he says is good for everybody. >> that's the point. republicans have planted their flag in a place that the president cannot and will not go. maybe he'd agree to the medical advice tax being lifted. but he will never agree to, for instance, delaying the individual mandate or defunding obama care. he can't and he won't. that's the problem here. but the white house has always said it will negotiate on the budget. it just won't negotiate on the debt ceiling. of course there are going to be negotiations and they're going to lead to hopefully a resolution on the debt ceiling. they're just not going to be about the debt ceiling. >> planting the flag on the senate floor for more than 21 hours, more with the panel, we'll start with charles when we come back. [ male announcer ] making a dodge in 100 easy steps. step 1 -- stu
on the debt ceiling, he's the president of the united states, he can't allow a debt ceiling and he certainly can't allow a debt ceiling increase to not take place because he's fighting to protect members of congress from implementing -- from the implementation of his own law that he says is good for everybody. >> that's the point. republicans have planted their flag in a place that the president cannot and will not go. maybe he'd agree to the medical advice tax being lifted. but he will...
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May 7, 2013
05/13
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>> the end of the debt ceiling because there's too much debt. >> the democratic don't like this prioritization idea. >> why would you not like to prioritize? >> i'm just telling you, this is one. your areas -- >> are they owe posing something just to oppose something? by doing a debt prioritization what you are saying is you are making sure america never has the problem that they get downgraded within their credit of looking bad. we aren't prioritizing when we borrow from somebody, we will take our debt." we are prioritizing going forward. >> if it's such a good idea why don't you all agree on it? >> isn't it a good idea to have a balanced budget, too, but only one side grease with that, the republicans. at the end of the day if you have $100 of bills and you only have $80, the current system says you can't pay any. that's idiotic. why don't pay $80 worth? >> one more question. will there be a tax on online sales? it passed in the senate but do you expect there to be a tax on online sales? >> i think you have to see it go through committee inside the house. right now in the process, it has to
>> the end of the debt ceiling because there's too much debt. >> the democratic don't like this prioritization idea. >> why would you not like to prioritize? >> i'm just telling you, this is one. your areas -- >> are they owe posing something just to oppose something? by doing a debt prioritization what you are saying is you are making sure america never has the problem that they get downgraded within their credit of looking bad. we aren't prioritizing when we...
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Jan 23, 2013
01/13
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. >> the short term raise for the debt ceiling. >> three-month extension of the debt ceiling. >> temporary extending for debt ceiling. >> what is the republican strategy here? >> three months is not good enough. >> they may not even vote for this. >> it is about time we come together, do our work. >> the partisan lines just got deeper. >> john boehner has an 18% approval rating. >> the debt that is crushing the future for our kids. >> this is a party, a retreat. >> a retreat of sorts. >> they may not even vote for this. >> it really is unacceptable. >> they will evolve or die, it is that simple. >> it will stand out as one of the great days. >> today marks 40 years. >> the 40th anniversary of roe v. wade. >> this allows a woman free choice. >> support for reproductive choice is at a record high. >> 54% believe abortion should be legal. >> there was an assault on women's access to reproductive health care. >> do i believe that the supreme court should overturn roe v. wade? yes. >> 70% say it should not be overturned. >> this is a deeply personal issue, one that should be made by women. >> w
. >> the short term raise for the debt ceiling. >> three-month extension of the debt ceiling. >> temporary extending for debt ceiling. >> what is the republican strategy here? >> three months is not good enough. >> they may not even vote for this. >> it is about time we come together, do our work. >> the partisan lines just got deeper. >> john boehner has an 18% approval rating. >> the debt that is crushing the future for our kids....
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Aug 23, 2013
08/13
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if i were the republicans, hold the line on the debt ceiling. i wouldn't push too much the -- >> he's obviously -- right? >> right. that's a dangerous place to be because he can't win. >> so you agree with what he's doing? >> you know, i agree that what he's doing is really the only play he's got given the components of government. i don't disagree with some of the more rabid republicans who want to go ahead and have the showdown. >> we're going to have one of them, jim demint, later. but it is causing a bit of internal debate within the party. >> i just don't think it's fair to say that if a person doesn't agree with that person, that the hardline, that they're squishes or rhinos. what they're looking at is the long-term effect of 2014. that is what republicans need to win. not a battle, but a war. >> you're not in the camp then that says government shutdown isn't going to damage us. there are those republicans that argue that. demint might be among them, i don't know, i'll find out. look, we have to stand for principle. and we do okay in shutd
if i were the republicans, hold the line on the debt ceiling. i wouldn't push too much the -- >> he's obviously -- right? >> right. that's a dangerous place to be because he can't win. >> so you agree with what he's doing? >> you know, i agree that what he's doing is really the only play he's got given the components of government. i don't disagree with some of the more rabid republicans who want to go ahead and have the showdown. >> we're going to have one of...
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Dec 12, 2013
12/13
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public opinion on the debt ceiling may be with them on that, with the republicans. so i would really be hesitant to say that all is going to be kumbaya for the next going into the new year. >> fair assessment. >>> mere in the newsroom, lost in translation. the south african interpreter slammed as he's a fake by experts. he's now firing back at his critics. i'm beth... and i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things you love. ink from chase. so you can. tdd#: 1-888-852-213434 tjust waiting to be found. ties tdd#: 1-888-852-2134 at schwab, we're here to help tdd#: 1-888-852-2134 bring what inspires you tdd#: 1-888-852-2134 out there... in here. tdd#
public opinion on the debt ceiling may be with them on that, with the republicans. so i would really be hesitant to say that all is going to be kumbaya for the next going into the new year. >> fair assessment. >>> mere in the newsroom, lost in translation. the south african interpreter slammed as he's a fake by experts. he's now firing back at his critics. i'm beth... and i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the...
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Jan 5, 2013
01/13
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debt ceiling may be an on muss sign of the future. what's your response to that? the national flood insurance is in crisis. >> the point is people paid their premiums and now they suffered and have damage and now paul ryan and others are saying they shouldn't -- the claims shouldn't be paid. i mean it's ridiculous. if you paid for any kind of insurance and you found out they weren't going to pay the claim, what would you think? i mean that's essentially what they're saying. >> in terms of the vote today and what happens next, charlie rangel, a member of your party was celebrating. here he is. >> i think it's been a good day for congress and for the country. it reinforces the concept we've had since the beginning of this nation that if any part of our country is affected by a disaster, that they can and should expect the rest of the country to come to the rescue. >> congressman pollone he said the sandy aid bill got messed up because of communications and there's no problems and it's going to move ahead and everything is fine. i i'm very concerned. as you know, spe
debt ceiling may be an on muss sign of the future. what's your response to that? the national flood insurance is in crisis. >> the point is people paid their premiums and now they suffered and have damage and now paul ryan and others are saying they shouldn't -- the claims shouldn't be paid. i mean it's ridiculous. if you paid for any kind of insurance and you found out they weren't going to pay the claim, what would you think? i mean that's essentially what they're saying. >> in...
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Oct 20, 2013
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ceiling 18 times, with you now all of a sudden the black man wants to raise the debt ceiling and then our country is -- [ inaudible ] don't put stock into what red ford is saying. but racism is here. ray sis sem part of the conversation and will continue to be a part of the conversation. >> so anna, before i let you go back -- >> let me just say. let me say this. the last time we add government shut down was under president bill clinton pip know he liked to think of himself as the first black president. but let's say it, the man was pasty white, is pasty white. >> i know where you're going. there was a lot of hate for bill clinton and bill clinton was a white president and the republicans hated him just as much. we cannot deny -- >> -- george w. bush. it is a polarized political environment. >> here is what i want to talk about. people say stop calling it obama care. the president embraced that term. quickly, can we talk about that? anna, in the beak, you said, if it was anti-aging or affordable, more popular when you call it that wab that more people would buy it. i say we should cal
ceiling 18 times, with you now all of a sudden the black man wants to raise the debt ceiling and then our country is -- [ inaudible ] don't put stock into what red ford is saying. but racism is here. ray sis sem part of the conversation and will continue to be a part of the conversation. >> so anna, before i let you go back -- >> let me just say. let me say this. the last time we add government shut down was under president bill clinton pip know he liked to think of himself as the...
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Oct 2, 2013
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he angered his own base by the sequester deal in the 2011 debt ceiling shutdown. the president's position is i've negotiated in the past, where's my grand bargain. where's medicare, where's social security, where's the tax reform believes would help economic growth. if he could get a big deal, he would sit down. but trying to get a big deal now seems i think off the table impossible. >> their position is that this really isn't about the budget. the president said the other day, he said remember back to 2010, the debt ceiling debate which seemed now like the good ole days when we actually were talking about the budget in terms of raising the debt ceiling. their feeling over there is now, look, we're not talking about the budget here. we're talking about a piece of legislation that has been passed, that has been vetted constitutionally by the supreme court, that is about to become law. we are not talking about the budget deficit, which is normally what you talk about when you talk about shutting down the government, funding the government or even the upcoming debt c
he angered his own base by the sequester deal in the 2011 debt ceiling shutdown. the president's position is i've negotiated in the past, where's my grand bargain. where's medicare, where's social security, where's the tax reform believes would help economic growth. if he could get a big deal, he would sit down. but trying to get a big deal now seems i think off the table impossible. >> their position is that this really isn't about the budget. the president said the other day, he said...
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Oct 11, 2013
10/13
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there will be no vote on the extension of the debt ceiling today. they're waiting to see how these talks go with the white house, as senate republicans are going to meet with the president. in the meantime, time is money, so 30 seconds, here is what else we're watching for you today. the obama administration announcing they're going to let states use their own money to keep national parks open. governors have asked for reauthorization to open the parks in their own borders. there's the fields out there. shale fields, 20,000 of crude in north dakota spilled, no injuries, but it will cost up to $4 million to cost up. and some are threateninggto ban frack, they're worried about the drilling process. could it be the start of a fourth quarter rally. we'll watch the market watchers next, no such rally for the, know giants, falling to 0-6 after losing to the chicago bears. 27-21 and eli manning threw three more interceptions. in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up t
there will be no vote on the extension of the debt ceiling today. they're waiting to see how these talks go with the white house, as senate republicans are going to meet with the president. in the meantime, time is money, so 30 seconds, here is what else we're watching for you today. the obama administration announcing they're going to let states use their own money to keep national parks open. governors have asked for reauthorization to open the parks in their own borders. there's the fields...
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Oct 4, 2013
10/13
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if we do not raise the debt ceiling. my feeling is the government still be taking in taxes and 80% of the revenue it needs to meet -- >> hasn't the administration said we're talking millions of payments that they have no way, no mechanism by which they can prioritize those payments. >> if we can run world war ii, they can prioritize the payments. you have to do it before october 17th. and with the treasury doesn't tell us what the backup plan would be. i'm not saying they have a backup plan. i'm saying they should have one. that's not to relief the republicans of responsibility to cooperate with the president and we can debate on who is compromising and who's not. it doesn't have to be. the revenues are there to deal with this and the question is will they. in regard to what jared said, bond yields overall at a very low level. however, insurance cost, that has spiked. >> right. >> i want to be -- i wasn't exactly sure what peter was saying there, but if he's saying that somehow we can prioritize our payments and not defa
if we do not raise the debt ceiling. my feeling is the government still be taking in taxes and 80% of the revenue it needs to meet -- >> hasn't the administration said we're talking millions of payments that they have no way, no mechanism by which they can prioritize those payments. >> if we can run world war ii, they can prioritize the payments. you have to do it before october 17th. and with the treasury doesn't tell us what the backup plan would be. i'm not saying they have a...
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Jan 4, 2013
01/13
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we'll have another debt ceiling fight. we may end up with something in total close to to what simpson-bowles proposed. >> i think that would be good for the frunt. austan, thanks so much. >>> they stay submerged for months at a time in tight quarters without even seeing the sun. serving on u.s. submarines is a new role for female sailors. we'll spend some time with one of them. bright students are getting lost in the shuffle. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with an advanced degree in education from capella university, you'll have the knowledge to meet these challenges and make a difference in the lives of students. let's get started at capella.edu. >>> women in the military are definitely making strides under water. cnn's pentagon correspondent chris lawrence talks to an officer who's on track to become the navy's first female submarine commander. >> reporter: it's a new frontier for female sailors. submerged for months, no sun, no
we'll have another debt ceiling fight. we may end up with something in total close to to what simpson-bowles proposed. >> i think that would be good for the frunt. austan, thanks so much. >>> they stay submerged for months at a time in tight quarters without even seeing the sun. serving on u.s. submarines is a new role for female sailors. we'll spend some time with one of them. bright students are getting lost in the shuffle. and administration's work gets more complex every...
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Mar 1, 2013
03/13
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debt ceiling. >> it's like a horror movie. debt ceiling part eight. kristen, most of the conversation today from the president, john boehner was about the sequester, but he did talk about proposition 8. i want to play just a little bit of sound and what the president had to say. this is the california case on gay marriage that is in front of the supreme court. let's play what he said and come back and talk about it. >> i think that the same evolution that i've gone through is the evolution that the country as a whole has gone through. i think it's a profoundly positive thing. so that when the supreme court essentially called the question by taking this case about california's law, i didn't feel like that was something that this administration could avoid. >> you know, kristen, in that clip the president acknowledging what we do know which is he has, this is an evolution for him, correct? >> correct. i think what is interesting about this point. if you remember when president obama first came out and said that he does support same-sex marriage, he also
debt ceiling. >> it's like a horror movie. debt ceiling part eight. kristen, most of the conversation today from the president, john boehner was about the sequester, but he did talk about proposition 8. i want to play just a little bit of sound and what the president had to say. this is the california case on gay marriage that is in front of the supreme court. let's play what he said and come back and talk about it. >> i think that the same evolution that i've gone through is the...
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Jan 19, 2013
01/13
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you saw that, for example, in the debt ceiling fight. first debt ceiling fight in 2011, the president could not go to the brink, because he was worried if they went over the brink -- >> sure. >> -- economic downturn, you don't win. now you can take a harder line. on the other hand in a second term there's often the sense that you have a narrow window on domestic issues with congress, probably about a year, maybe two at the most to get things done and then your attention usually turns more to foreign policy. but the biggest thing is that 1600 pennsylvania avenue is kind of a dangerous neighborhood. if you hang around there long enough, the odds start going against you. often the second term has been very tough for presidents. we'll see if this one can avoid that precedent. >> never heard it described that way. dangerous neighborhood. dangerous territory. >> yes. >> ron brownstein, nice to see you this morning. thank you very much. >>> next hour, what are we missing? is there an issue that no one is talking about now that will define the p
you saw that, for example, in the debt ceiling fight. first debt ceiling fight in 2011, the president could not go to the brink, because he was worried if they went over the brink -- >> sure. >> -- economic downturn, you don't win. now you can take a harder line. on the other hand in a second term there's often the sense that you have a narrow window on domestic issues with congress, probably about a year, maybe two at the most to get things done and then your attention usually...
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Oct 2, 2013
10/13
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that was senator barack obama in 2006 why he voted not to increase the debt ceiling when we were at, quote, only $9 trillion. not above $14 trillion and saying it should be a no-brainer. i'm trying to square the two. >> it's a perfectly fair question and that was a bad vote. and i actually believe that the president himself has agreed that was a bad vote. any tiny scrap of defense there, the -- a breach of the debt ceiling was never under consideration there. that was the senator saying go ahead, senators, vote against this if you want. it was a bad vote. here, on the substantive point you've made the deficit has fallen by more than half. it was 10% of gdp. now it's 3 or 4% of gdp. we've been moving in the right direction in no small part because of $2.5 trillion over ten years in spending cuts and those tax increases at the top of the scale. we've been making some progress in that regard. >> diana, what do you think the president has to either lose or gain in political capital by budging, by compromising at this stage of the game? >> well, i think first of all he has to look like a
that was senator barack obama in 2006 why he voted not to increase the debt ceiling when we were at, quote, only $9 trillion. not above $14 trillion and saying it should be a no-brainer. i'm trying to square the two. >> it's a perfectly fair question and that was a bad vote. and i actually believe that the president himself has agreed that was a bad vote. any tiny scrap of defense there, the -- a breach of the debt ceiling was never under consideration there. that was the senator saying...
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Feb 25, 2013
02/13
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month. >> debt ceiling would be may. it is okay to be confused. >> but look. part of the strategy here, on one side it's plame the president. who cares? at a point, most americans are not going to care whose fault it is. they want to see it getting dealt with. do i think that part of the end game for the white house is you see the president, you hear the president, at least saying we need to come together, how about at least a short-term plan? you don't hear anything like that, nor do you hear from the republicans anything about protecting the middle class, which they now say is their big concern. >> terry, this goes with the message. so on one hand i understand boehner politically, he can't agree to another compromise that includes a tax increase. is that fair? >> that's right. >> he would be risking himself politically. at the other end of this, the national party -- its brand, is a mess because of this. >> well, it is. i think it would be a disaster politically for the republicans if they caved on this. look where thi
month. >> debt ceiling would be may. it is okay to be confused. >> but look. part of the strategy here, on one side it's plame the president. who cares? at a point, most americans are not going to care whose fault it is. they want to see it getting dealt with. do i think that part of the end game for the white house is you see the president, you hear the president, at least saying we need to come together, how about at least a short-term plan? you don't hear anything like that, nor...
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Aug 27, 2013
08/13
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will hit the debt ceiling and not borrow more money to pay bills. that is leading to more political back and forth with republicans saying they will not raise it again without more cuts. congress spent the money and should pay for it. the debt ceiling was last increased in january after the fiscal cliff stand off. we'll have more on this ongoing story in money time a few minutes from now. >>> you might remember this, we are hearing from a man at the center of a political. a man put on a mask of president obama at a missouri state fair. it got him banned from the fair for life and led to death threats. it was all a joke, meant to be funny, not racist. >> this clown bit has been around for generations. i didn't think anything more of it than what we are done 15 years ago, ten years ago, five years ago when we have done it with bush and clinton and ronald reagan. i never did anything because of anybody's race. i don't care what color somebody is, if they are blue, white, green, polka dotted, striped. >> he isn't a democrat or republican, just a rodeo c
will hit the debt ceiling and not borrow more money to pay bills. that is leading to more political back and forth with republicans saying they will not raise it again without more cuts. congress spent the money and should pay for it. the debt ceiling was last increased in january after the fiscal cliff stand off. we'll have more on this ongoing story in money time a few minutes from now. >>> you might remember this, we are hearing from a man at the center of a political. a man put on...
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Jan 9, 2013
01/13
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but first, let's start with the debt ceiling. howard, don't republicans know this is a big potential loser not only for the country, but for republicans politically, or am i viewing this wrong? >> excuse me, ed. i think some republicans know it in their head. i think most republicans in the house don't know it in their hearts. they're here to lecture and to disrupt and not to legislate. they don't understand often, the ones i talked to don't really get the idea that the american public views the congress as an utterly dysfunctional institution that is standing in the way of leading the country and bringing about a true recovery from this long great recession. and most of the american people don't see political and legislative maneuvers like the ones that the tea party types want to carry forth like grover norquist want to carry forth as the kind of political disasters that they are. if the republicans pursue the strategy that grover norquist is talking about and that john boehner floated, they'll just drive the republican numbers
but first, let's start with the debt ceiling. howard, don't republicans know this is a big potential loser not only for the country, but for republicans politically, or am i viewing this wrong? >> excuse me, ed. i think some republicans know it in their head. i think most republicans in the house don't know it in their hearts. they're here to lecture and to disrupt and not to legislate. they don't understand often, the ones i talked to don't really get the idea that the american public...
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Jan 20, 2013
01/13
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WBAL
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the one thing to remember is it's not just the debt ceiling. it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it? >> we don't have to do it immediately, and that's an important point. conservatives don't either. the conservative base right now is an older base. it's people in their 50's and 60's, people who say i'm really worried about the deficit. don't touch my medicare or social security. chris: that it? indicated stuff. >> the entitlement stuff is a really big problem. there are a lot of liberals who go too far in denying it's a problem, but it's not an immediate problem. interest rates remain low. we have a little bit of time. chris: now for some fun. we're all lookin
the one thing to remember is it's not just the debt ceiling. it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it?...
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Sep 27, 2013
09/13
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and as i see, the debt ceiling that we place upon ourself is an artificial debt ceiling. i think it's a valuable in the debt ceil tag allow us to have it. but the real debt ceiling that any family, any business, or any government when we get to the point we can no longer find people to lend us money at the rate we pay. as i see the spike going to 38, it puts in the issue quickly. it puts in a position in the event of unplanned catastrophe such as '41 come upon us. >> yes, congressman. that's right. >> we talk in the report about how it sort of run up in debt we're projecting doesn't have a precedent in the history. you noted but they've been under particular circumstance and reversed. and this would be unpress debited. and reduce our ability to project what would happen. the interest rate on the condition. we need that. note that. if we one has a high debt and what hits depression or war. the country would be in a tight box with nothing but poor options. that's why analysts think it's far, far better to take the action that sooner rather than later. >> we have labeled the
and as i see, the debt ceiling that we place upon ourself is an artificial debt ceiling. i think it's a valuable in the debt ceil tag allow us to have it. but the real debt ceiling that any family, any business, or any government when we get to the point we can no longer find people to lend us money at the rate we pay. as i see the spike going to 38, it puts in the issue quickly. it puts in a position in the event of unplanned catastrophe such as '41 come upon us. >> yes, congressman....